755-757 Terrace View Drive Lexington, KY $ 249,900
755-757 Terrace View Drive
$ 249,900
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755-757 Terrace View Drive

Lexington, KY, 40504
$ 249,900
Bedrooms4 Baths2.0 Sq 1,582

Monthly Estimate*

$ 1,578

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Multi-Family Home for sale in Lexington, KY

for $249,900 with 4 bedrooms and 2 full baths. This 1,582 square foot home was built in 1965 on a lot size of 0.18.

Check it out investors. This would make a great addition to someone's portfolio. This ranch duplex features a generous sized living room, kitchen with dining area, 2 bedrooms, 1 bath, and a laundry room for each unit. The right side has been updated by current owners with newer cabinets, counters, and vinyl flooring, in addition to the central A/C system. The left side has much of the original hardwood floors exposed and hardwood under the vinyl tiles. This property also has several newer windows throughout, as well as a 3 yr old roof and gutters. The property is located in a cul de sac, backs to a tree line, and is just a few minutes drive from downtown, shopping, and restaurants. Both tenants are long standing and cover their own rents, utilities, and take care of the mowing. Rents are currently below market value for the area. Property will be open to individual showings on a 48 notice and an Open House Friday, July 10th from 2pm to 5pm so please plan to view during this time frame if at all possible.

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Multi-Family Active

Price

$ 249,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.18

Year Built

1965

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

26016067

Features
General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Dimensional Style
Year Built 1965
Property Subtype Duplex
Parcel Number 16348250
County Fayette
Insurance Expense 879.9
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Terrace View
Full Baths 2
Status Active
Directions Versailles Rd to Terrace View Dr. Property is at the end right side of cul de sac
High School Lafayette
City Lexington
High School District Fayette County - 1
Number Of Units Total 2
MLS Area 004 - Fayette County SW
Lot Size Units Acres
Lot Size Square Feet 7680.0
Elementary School Lane Allen
Land Lease Y/N N
Middle/Junior High School Beaumont
MLS Area Minor 004 - Fayette County SW
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Total Actual Rent 1700.0
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features Paved
Lot Size Area 0.18
Number of Buildings 1
Building Area Total 1582.0
Lot Size Acres 0.18
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Half Baths 0
Laundry Features Electric Dryer Hookup Main Level Washer Hookup
Total Bedrooms 4
Total Baths 2
Heating-Forced Air True
Heating-Natural Gas True
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Internal Only
Street Number 1 755757
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* Excluded Features
List By
National Real Estate

Broker

Affordability Calculator

$1,578
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,578
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3289572 Elementary School
3292796 Middle School
Lafayette High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$249,900 Listed Price

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755-757 Terrace View Drive, Lexington, KY, 40504 is a Multi-Family Home for sale at $249,900 with 1,582 sqft and a lot size of 0.18. 755-757 Terrace View Drive has 4 bedrooms, 2.0 baths, and was built in 1965. The property's zip code is 40504 which is in Lexington, KY